https://www.taxtmi.com/caselaws?id=349471 The ITAT upheld the decision of the CIT(A) and dismissed the Revenue's appeal, ruling that the assessment for AY 2006-07 was time-barred and not covered under section 153C of the Income Tax Act, 1961. The interpretation that the date of receiving seized documents should be considered as the initiation date of the search for computing the six assessment years under section 153C was crucial in determining the applicability of the provision to the assessment year in question. en-us Wed, 04 Oct 2017 00:00:00 +0530 Sat, 14 Oct 2017 07:57:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349471 The ITAT upheld the decision of the CIT(A) and dismissed the Revenue's appeal, ruling that the assessment for AY 2006-07 was time-barred and not covered under section 153C of the Income Tax Act, 1961. The interpretation that the date of receiving seized documents should be considered as the initiation date of the search for computing the six assessment years under section 153C was crucial in determining the applicability of the provision to the assessment year in question. Case-Laws Income Tax Wed, 04 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349471